Jack Ewing

The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.

New York | Tesla's profit for the third quarter increased 17 per cent from a year ago, the company said on Wednesday (Thursday AEDT), as strong

General Motors CEO Mary Barra says the company is still committed to doing away with combustion engine cars in the United States by 2035.

Mary Barra, CEO of General Motors, before an investor meeting at a General Motors factory in Spring Hill, Tenn., on Oct. 8. BRETT CARLSEN/The New York Times News Service

By Elon Musk defied conventional corporate wisdom by committing wholeheartedly to Donald Trump's presidential campaign, donating tens of millions of dollars and running a get-out-the-vote drive.

The president-elect has said he could impose tariffs as high as 200 percent on car imports from Mexico, a move that could hurt factories and workers on both sides of the border.

On a Saturday morning in December 2022, Elon Musk summoned finance executives at Twitter, which he had bought six weeks earlier, to a conference call. Then he drilled into a spreadsheet that

Log in or create a free account to listen to this article. Three of the nation's largest automakers, Ford, General Motors and Stellantis, are

President-elect Donald Trump's threat to impose 25% tariffs on goods from Mexico and Canada sent shivers Tuesday through the auto industry, which depends heavily on both countries for parts and manufacturing.

Each carmaker has its own problems, but there are some common threads. They include a tricky and expensive technological transition, political turmoil, rising protectionism and the emergence of a new class of fast-growing Chinese carmakers.